Apple Stock Rises on Foldable iPhone Duo Launch, Analyst Upgrades
Apple stock closed at USD 326.57 on September 10, 2026, after gaining 3.56 percent in a session marked by positive analyst updates and the launch of the foldable iPhone Duo.
The new devices have driven fresh upgrades from several brokerages, with TD Cowen reiterating its Buy rating and price target of USD 400, indicating potential upside of about 25 percent from the current share price of USD 319.50 mentioned in the report.
Citi maintained a Buy rating with a USD 365 price target, while Bank of America kept a Buy rating but trimmed its target from USD 380 to USD 370, and Morgan Stanley retained an Overweight rating with a USD 360 target, all citing growth potential of the new foldable iPhone Duo.
However, valuation metrics send a cautionary note, with Apple's intrinsic GF Value standing at USD 285.03 per share, implying that the stock was about 13.0 percent above this fair value estimate.